Despite success finding buyers yesterday, Tucson Electric Power Co. will try to jettison its municipal dutch auctions next month by converting its outstanding debt to fixed-rate bonds, according to the utility's financial adviser.

Joseph Fichera, managing director of corporate finance at Bear, Stearns & Co., said the company will begin taking orders for the long-term securities immediately and decide by the first week of December whether a conversion at a rate acceptable to the utility is possible.

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